Japanese Candlesticks Analysis 18.11.2015 (EUR/USD, USD/JPY)
18.11.2015
Analysis for November 18th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Tweezers pattern indicates an ascending correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, bullish Tweezers and Three Methods patterns indicate an ascending correction. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows the uptrend. The upper Window provides resistance. Bearish Tweezers pattern indicates that the sideways correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish pullback.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.